Landlord/Tenant Agreement

In Summary -

1. Landlord funds cost of improvements
2. Tenant accepts a rent increase in the amount of some percentage of the projected annual savings
3. Tennant saves money on bills, the savings exceed rent increase
4. Landlord, who paid for improvements upgrades property and brings in extra income from
5. A template document is available: Click here
6. The given document is a suggested template that may be easily modified in form and content to meet a specific need.

Select Wording from the Lease Addendum-

1. “Landlord and tenant desire to cooperate in implementing… energy efficiency measures in a manner that benefits both parties”.
2. At Front-End of Procedure –
3. Select a contractor or consultant for opportunity evaluation and energy cost savings potential on leasehold improvements such as
   1. Lighting; heating; ventilation; HVAC; water heating; controls; motors; pumps; compressors; refrigeration units

The NSBDCBEP Energy Efficiency Program is available to assist with implementation of the process.

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